Page 9 - Latest Updates on Inflation
Eurozone inflation slows to 8.5% in January: EU statistical bureau
Inflation in the eurozone peaked at 10.6 per cent last October and has been slowly decreasing since then
 "Eurozone inflation slows to 8.5% in January: EU statistical bureau")
Global factory activity contracts again in Jan, highlights fragile recovery
The latest figures come as central bankers gear up for another round of interest rate increases to combat high inflation
 "Global factory activity contracts again in Jan, highlights fragile recovery")
Jerome Powell likely to underscore US Fed's inflation fight far from over
Chair Jerome Powell is likely to underscore that the Federal Reserve's primary focus remains the need to fight surging prices with still-higher interest rates
 "Jerome Powell likely to underscore US Fed's inflation fight far from over")
Measures of inflation: Understanding CPI and WPI, and how they differ
The key difference is that one works at the production level, the other at the level of the household; but there are a few other differences as well
 "Measures of inflation: Understanding CPI and WPI, and how they differ")
Prompt measures by govt, RBI contained inflation: Economic Survey
A rising phase up to April 2022 when it crested at 7.8 per cent, then a holding pattern at around 7 per cent up to August 2022 and then a decline to around 5 per cent by December 2022
 "Prompt measures by govt, RBI contained inflation: Economic Survey")
Telangana logged highest inflation in FY23, reveals Economic Survey
The report also shows that the inflation in rural Telangana was 9.2 per cent while it was 8.3 per cent in the urban areas
 "Telangana logged highest inflation in FY23, reveals Economic Survey")
Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey
The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies
Economic Survey 2022-23: What does it say about inflation and employment
Economic Survey said that RBI's inflation projections for FY23 are neither too low nor too high
 "Economic Survey 2022-23: What does it say about inflation and employment")
Inflation, loans, forex balance: The many crises for Pakistan's economy
Without a bailout package from IMF and support from others, India's neighbour will be pushed deeper into the abyss
 "Inflation, loans, forex balance: The many crises for Pakistan's economy")
India's growth for next year pegged at 6.5%; higher than IMF projection
Sticky global inflation could keep rates higher for longer, hurting growth including in emerging markets like India
 "India's growth for next year pegged at 6.5%; higher than IMF projection")
Inflation in India expected to come down to 5% in 2023 and 4% in 2024: IMF
Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, IMF said
 "Inflation in India expected to come down to 5% in 2023 and 4% in 2024: IMF")
Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad
Catch all the latest Budget 2023-24 news and updates here
 "Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad")
Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra
"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as domestic and global economies opened up"
 "Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra")
US consumer spending softens in December even as inflation eases
The data was included in the advance fourth quarter gross domestic product report, which showed consumer spending maintaining a solid pace of growth
 "US consumer spending softens in December even as inflation eases")
Card spending slows, hurting revenue growth amid inflation, says Mastercard
Net revenue for the fourth quarter jumped 12% to $5.82 billion, in line with the $5.8 billion average of analyst estimates compiled by Bloomberg
 "Card spending slows, hurting revenue growth amid inflation, says Mastercard")
Pakistan's State Bank raises key rate by 100 basis points as crisis mounts
State Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis points
 "Pakistan's State Bank raises key rate by 100 basis points as crisis mounts")
Poll-bound Tripura, Nagaland, Meghalaya depend on Centre for development
In line with other states, inflation remains a worry in Tripura and Nagaland, though Meghalaya has controlled it a bit more efficiently
 "Poll-bound Tripura, Nagaland, Meghalaya depend on Centre for development")
Current account deficit likely to narrow in 2023: RBI's January bulletin
India will be $3.7-trillion economy in 2023: RBI's January bulletin
 "Current account deficit likely to narrow in 2023: RBI's January bulletin")
High inflation causing tension between monetary and fiscal policy: Gopinath
On what needs to change, she said for the countries to manage such a difficult trade-off right, fiscal policy has to play a role
 "High inflation causing tension between monetary and fiscal policy: Gopinath")
India's response to Covid ensured moderate inflation, high growth: Vaishnaw
The minister said India's economy has been resilient and the policy framework has been for a sustained growth with a very moderate inflation
 "India's response to Covid ensured moderate inflation, high growth: Vaishnaw")
